Shockingly, Brampton, the city that lent its name to a flavour of mortgage fraud is leading the country in mortgage delinquencies.
Shockingly, Brampton, the city that lent its name to a flavour of mortgage fraud is leading the country in mortgage delinquencies.
The banks can afford it just based on all of that free “interest” money they scrape off the backs of the citizenry. The banks will be okay.
Weren’t they responsible for implementing the stress tests? Or was that the mortgage brokers?